Examlex
Let S be the cube with vertices Approximate
by using a Riemann sum as in Definition 1, taking the patches
to be the squares that are the faces of the cube and the points
to be the centers of the squares.
Receivables
Money owed to a company by its customers for goods or services that have been delivered or used but not yet paid for.
Modified Accelerated Cost Recovery System (MACRS)
A method of depreciation used for tax purposes in the United States that allows businesses to recover investments in certain property over a specified life through annual deductions.
Tax Deductions
Expenses that can be subtracted from gross income to reduce taxable income and overall tax liability.
Half-Year Convention
The half-year convention is a tax and accounting principle that allows for depreciation of assets to be calculated as if they had been in service for half a year, regardless of when they were actually acquired during the fiscal year.
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